ReCraft ApS

CVR 41838256 · Private limited company (ApS) · Active · Very high risk

ReCraft ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -596k and a net result of DKK -160k. CEO: Mette Lundstad Nielsen.

Bankruptcy risk for ReCraft ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
41838256
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Døckerslundsvej 73
5000 Odense C
Municipality
Odense
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
ALBJERG, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-1,124.7%
Current ratio20%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -70kDKK 147kDKK 72k
Net profitDKK -160kDKK -188kDKK -93k
EquityDKK -596kDKK -436kDKK -248k
Total assetsDKK 53kDKK 186kDKK 249k
CashDKK 18kDKK 54k–
Short-term debtDKK 147kDKK 140k–
Avg. employees02–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · ALBJERG, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025203 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022194 Late
11 Nov 2020 – 31 Dec 202183

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMette Lundstad NielsenCurrent
CEOAnne Bagger-Bahnsen
Owner (67%)Lundstad ApSCurrent
Owner (50%)Arensbak Holding ApSCurrent
Owner (50%)Grabi ApS
Owner (50%)Lundstad ApS
Owner (15%)DCCS Invest ApS
Owner (33%)Grabi ApS
Owner (33%)Lundstad ApS
FounderGrabi ApSCurrent
FounderLundstad ApSCurrent

The CEOs' other companies

Mette Lundstad Nielsen – 1 other companies

Anne Bagger-Bahnsen – 1 other companies

Address history (1 moves)

Døckerslundsvej 73, 5000 Odense C
Fort Alle 7, 2800 Kongens Lyngby

Other companies at the same address

Similar companies in Odense

Questions and answers about ReCraft ApS

Has ReCraft ApS gone bankrupt?

No, ReCraft ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of ReCraft ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of ReCraft ApS?

Mette Lundstad Nielsen is the CEO of ReCraft ApS.

Who is the auditor of ReCraft ApS?

ReCraft ApS most recently used ALBJERG, Statsautoriseret Revisionsaktieselskab.

When was ReCraft ApS founded?

ReCraft ApS was founded on 11 November 2020.

What is the equity of ReCraft ApS?

Equity was DKK -596k according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.